$BTC SHORT: Bitcoin has completely lost its footing, and the market structure signals the bears are in full control for another leg down.
Trading Plan Short BTC
Entry: 74,200.00 - 74,600.00
SL: 76,500.00
TP1: 73,550.00
TP2: 72,000.00
TP3: 70,500.00
BTC is down 2.09% today at $74,395.0, reeling from a sharp rejection after the failed rally to $81,190.7. The 4-hour chart is decisively bearish. Price is trading well beneath all three key moving averages: MA5 at $74,465.3, MA10 at $75,219.0, and the MA30 sitting high at $76,438.0. This cascading alignment is a textbook setup for continued sel